Two interesting graphics from the NYT comparing Facebook to other tech IPO’s The original link is worth clicking on since it has a nice little interactive graphic that looks at a range of post IPO outcomes.

As Mark Twain said – The trouble ain’t that there is too many fools, but that the lightning ain’t distributed right.”

When you run a business that has any sort of public profile you get all sorts of emails, some insightful, some interesting but most are by nutbags. Generally these mental cases confine themselves to gibbering on about the end of the world, the coming great depression or some other conspiracy. However rarely do we get…

I suppose the bulls have a similar feeling regarding rising prices.

This seems oddly appropriate given the post below on obesity. Within the world of managed funds be they hedge funds, private funds, alternative investments or mutual funds there is an observation that performance drops off with size. The traditional arc of the life of a managed investment is that a new manager pops ups, generates…

Embarrassment is directly proportional to the value of your car and the perception of being a wanker.

………when referring to the funds management industry and its enormous fee collection for little return, I could be twice as incompetent for half the price.

…this is how JP Morgan shot itself in the arse

……you could get away with doing this to the dicks who knock on my door at dinner times and the great unwashed who accost me in the street….